October 14, 2024

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• October 13, 2024

  Samsung Electronics sheds W90tr in market cap amid foreigners' selloff

  Samsung Electronics, South Korea’s largest chipmaker, has seen its market cap shrink by a staggering 90 trillion won ($66.6 billion) since September, largely driven by a sustained selling spree among foreign investors. According to the Korea Exchange on Sunday, foreigners have...

• October 13, 2024

  SK heiress weds Chinese American entrepreneur

  ...ornia. The wedding was held at the Grand Walkerhill Hotel, operated by SK Group subsidiary SK Networks, and was attended by SK owner families and the country's top conglomerate leaders, including Samsung Electronics Chairman Lee Jae-yong and LG Group Chairman Koo Kwang-mo. Hy...

• October 11, 2024

  Merck opens new chip materials R&D center in Korea

  ...ly to its customer needs here. The company held the opening ceremony of the latest facility at the production site that same day. Attendees include senior executives of Merck and its key clients, Samsung Electronics and SK hynix. The new facility, the second of its kind in A...

• October 10, 2024

  Will Apple quit smart ring race with Samsung?

  After the July launch of Samsung Electronics’ Galaxy Ring, several tech rivals have jumped into the smart ring race. But rumors are rampant that Apple may have scrapped its long-held plan for its own ring possibly to focus on the Apple Watch. According to a recent Bloomberg re...

• October 08, 2024

  [KH Explains] Samsung chief say he is still ‘hungry’ for foundry growth

  Samsung Electronics Chairman Lee Jae-yong on Monday put an end to the long-standing rumor that the memory chip giant might spin off its lackluster foundry business, saying he is still “hungry” for growth. “We are hungry to grow (our) business, not interested in spinning (it)...

• October 08, 2024

  Samsung's chip head apologizes as Q3 earnings miss estimates

  Samsung Electronics predicted Tuesday that its operating profit for the July-September period would miss market expectations due to slow recovery in memory demand and the lackluster performance of High Bandwidth Memory chips used in artificial intelligence computing. Samsu...

• October 07, 2024

  Samsung chief calls for active MLCC response in Philippines

  Samsung Electronics Chairman Lee Jae-yong visited the production base of multilayer ceramic capacitors for Samsung Electro-Mechanics, the electronic parts manufacturing affiliate of Samsung Electronics, in Calamba, Philippines, Sunday, according to ...

• October 06, 2024

  [Herald Interview] Toonsquare ventures to open new era for webtoon creation with AI

  ...stry is well-established and audiences demand high-quality content," said Lee in a recent interview with The Korea Herald at the company’s southern Seoul office. Founded in 2017 by Lee and former Samsung Electronics colleagues -- including Chief Technology Officer Choi Ho-su...

• October 04, 2024

  Samsung unveils 'personalized AI' for all devices

  Samsung Electronics announced it would be introducing artificial intelligence in all of its major home appliances and mobile devices to offer a more personalized and secure user experience, at this year's Samsung Developer Conference on Thursday. Celebrating the 10th ...

• October 04, 2024

  Samsung starts mass production of industry's top-level SSD for on-device AI PCs

  Samsung Electronics, the world’s largest maker of memory chips, announced Friday it started mass producing the industry’s highest-performing solid-state drive with the largest capacity, making it opt...y our key partners,” said Bae Yong-cheol, executive vice president of memo...

• October 04, 2024

  Kospi slump hits retail investors hard in Q3, but foreign investors gain

  ...amid the Kospi’s bearish trend in the period, market data showed on Thursday. According to the Korea Exchange, the most purchased stock by South Korean retail investors from July to September was Samsung Electronics, the world’s largest memory chipmaker, with net purchases ...

• October 02, 2024

  Samsung tightens its belt amid crisis winds

  Samsung Electronics, a leading tech giant in smartphones and semiconductors, is seen implementing austerity measures, reducing headcounts and downsizing celebratory events as it falls behind global p...tes 9.7 trillion won while Korea Investment & Securities forecasts 10.3 trill...

• October 02, 2024

  [Gadget Review] Apple's new iPhone 16 Pro: Professional camera phone

  ...he iPhone 16 is the first series to be manufactured in consideration of Apple's own AI system, Apple Intelligence, I felt that its AI capabilities were significantly lacking compared to its rival, Samsung Electronics’ flagship Galaxy smartphones. Apple said its AI system App...

• October 02, 2024

  KT chief vows to secure AI leadership

  ...second consecutive year. At the event opening under the theme of "Advancing Digital Nations with AI," executives of telecommunication companies and tech firms, including CelcomDigi Berhad, Huawei, Samsung Electronics and Telstra, talked about the role of next-generation networ...

• September 30, 2024

  Samsung Town sold for W1.1tr to offset market concerns

  ...st, a real estate asset manager based in Seoul, has completed the sale of a landmark property to Samsung SRA Asset Management for 1.1 trillion won ($841 million), marking South Korea's largest commerc...tional investors," Yoon said. With the Samsung SRA’s acquisition of The ...

• September 26, 2024

  SK hynix outpaces Samsung, Micron with more powerful AI chips

  ...second-largest memory chip-maker, said Thursday it has started mass production of the world’s first 12-layer high bandwidth memory chips, solidifying its competitive edge over its global rivals -- Samsung Electronics and Micron Technology. The new 36-gigabit 12-layer HBM3E c...

• September 25, 2024

  Value-up Index stirs mixed market reactions

  ...ncluded in the new index. Following the Korea Exchange’s unveiling of the Value-up Index, comprised 100 Korean stocks with stellar corporate value, on Tuesday, those that made the list, including Samsung Electronics and SK hynix showed a strong start in Wednesday morning tra...

• September 25, 2024

  [Exclusive] Texas development exec shuts down layoff rumors at Samsung chip plant

  Amid growing uncertainties about the timely operation of Samsung Electronics' $40 billion semiconductor fabrication plant in Taylor, Texas, regional economic development chiefs in the state dismissed...re are so many other chip-related companies there like AMD, Applied Materials...

• September 25, 2024

  Samsung, top banks to create W2tr green growth fund for SMEs

  Samsung Electronics and the nation’s top five lenders have collaborated to create a 2 trillion won ($1.5 billion) fund to support small and medium-sized companies struggling to meet toughening carbon...to smaller businesses seeking to invest in low-emissions facilities, equipme...

• September 23, 2024

  Middle East’s big AI push lures Korean tech firms

  ...dle East, where countries are turning their eyes to the technology as a hedge to diversify their oil-centric economies. On Monday, Wall Street Journal reported that the world’s leading chipmakers Samsung Electronics and Taiwan Semiconductor Manufacturing Company were reviewi...

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